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ACQUISITION AND DISPOSITION OF PROPERTIES AND DISCONTINUED OPERATIONS (Tables) | 12 Months Ended
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Dec. 31, 2011
Acquisition and Disposition of Properties and Discontinued Operations [Abstract] |
Schedule of Purchase Price Allocation [Table Text Block] | The following table sets forth a summary of the finalized acquisition purchase price consideration of each major class of assets acquired and liabilities assumed in the 2011 acquisitions discussed above:
|  |  |  | Total Purchase Price Consideration
(dollars in thousands) |  |  |
Land |  |  |  | $ | 24,993 |
Buildings and improvements |  | 39,594 |
Acquisition-related intangible assets (in Acquired lease intangibles, net) | 9,945 |
Acquisition-related intangible liabilities (in Acquired lease and other intangibles, net) | (627 | )
Total consideration |  |  | $ | 73,905 |
Schedule Of Property Dispositions [Table Text Block] | During 2011 and 2009, the Company disposed of the following properties:
(dollars in thousands) Property |  | Owner |  | Year Sold |  | Sales Price |  | Gain (Loss) |  | GLA
Fifteen Kroger/Safeway locations |  | Fund I |  | 2011 |  | $ | 17,490 |  |  | $ | 14,645 |  |  | 617,276 |
Granville Centre |  | Fund I |  | 2011 |  | 2,250 |  |  | (313 | ) |  | 134,997 |
Ledgewood Mall |  | Core Portfolio |  | 2011 |  | 37,000 |  |  | 28,576 |  |  | 517,151 |
Oakbrook |  | Fund II |  | 2011 |  | 8,200 |  |  | 3,922 |  |  | 112,000 |
Blackman Plaza |  | Core Portfolio |  | 2009 |  | 2,500 |  |  | 1,506 |  |  | 125,264 |
Six Kroger locations |  | Fund I |  | 2009 |  | 9,481 |  |  | 5,637 |  |  | 277,700 |
Total |  |  |  |  |  | $ | 76,921 |  |  | $ | 53,973 |  |  | 1,784,388 |
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block] | The combined assets and liabilities as of December 31, 2010, and the results of operations of the properties classified as discontinued operations for the years ended December 31, 2011, 2010 and 2009, are summarized as follows:
BALANCE SHEET |  |  |
ASSETS |  | December 31, 2010
(dollars in thousands) |  |  |
Net real estate |  | $ | 20,981 |
Rents receivable, net |  | 649 |
Deferred charges, net of amortization |  | 2,016 |
Prepaid expenses and other assets, net |  | 155 |
Total assets of discontinued operations |  | $ | 23,801 |
LIABILITIES |  |  |
Accounts payable and accrued expenses |  | $ | 233 |
Other liabilities |  | 342 |
Total liabilities of discontinued operations |  | $ | 575 |
|  | Years ended December 31,
STATEMENTS OF OPERATIONS |  | 2011 |  | 2010 |  | 2009
(dollars in thousands) |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 5,309 |  |  | $ | 11,913 |  |  | $ | 12,902 |
Total expenses |  | 3,047 |  |  | 8,581 |  |  | 9,183 |
Operating income |  | 2,262 |  |  | 3,332 |  |  | 3,719 |
Loss on impairment of asset |  | (6,925 | ) |  | — |  |  | — |
Gain on sale of property |  | 46,830 |  |  | — |  |  | 7,143 |
Income from discontinued operations |  | 42,167 |  |  | 3,332 |  |  | 10,862 |
(Income) from discontinued operations attributable to noncontrolling interests |  | (10,674 | ) |  | (1,535 | ) |  | (6,303 | )
Income from discontinued operations attributable to Common Shareholders |  | $ | 31,493 |  |  | $ | 1,797 |  |  | $ | 4,559 |

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- Definition Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 43, 44, 45, 47, 48 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6390789&loc=d3e2443-110228 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760 + Details
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